My take on that article is that the analysts are proving in a roundabout way that it is anybody's guess where the copper price is going. Personally I think that it will eventually reach about US$14,000 per ton due to supply vs demand from the renewables etc - but above US$14k per ton will make renewable projects too expensive. BHP are talking about buying existing copper projects rather than developing new ones - which is probably smart as it gets them producing assets quicker and doesn't increase supply so price will stay higher.
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Last
3.9¢ |
Change
-0.001(1.28%) |
Mkt cap ! $100.5M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 4.0¢ | 3.8¢ | $30.23K | 782.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3592402 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 878789 | 4 |
View Market Depth
| Last trade - 13.53pm 18/06/2025 (20 minute delay) ? |
| HGO (ASX) Chart |